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November 24, 2024
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GreenHat Energy, Owners Face $229M FERC Fine
<p>GreenHat listed its address as 826 Orange Ave., Suite 565, Coronado, Calif. — a UPS store between a nail salon and a RiteAid.</p>

GreenHat listed its address as 826 Orange Ave., Suite 565, Coronado, Calif. — a UPS store between a nail salon and a RiteAid.

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FERC threatened GreenHat Energy and its owners with $229 million in civil penalties over the company’s 890 million MWh default of its FTR portfolio in PJM.
Financial Transmission Rights (FTR)PJMVirtual Transactions